United States calls for EU-China rebate at G-20 meeting | Business

Without commenting on the escalating global trade conflict, Mr. Munchin has not shown flexibility in the EU, following a series of bilateral measures begun with the decision of US President Donald Trump to impose import duties on steel and aluminum. it's the same message the President delivered at the G-7 (G-7 summit): if Europe believes in free trade, we're ready to sign a free trade agreement without rights customs, without barriers and without subsidies.

"The United States must de-skate"

This provoked a rigorous response from the Minister of Finance and the French Economy, Bruno Le Maire

"We refuse to negotiate with "It's a must for the United States to take the first step in scaling," he said.

B. Lee Mayor said he hoped for Trump's "change of attitude", because otherwise "there will be no other choice than"

The president of the International Monetary Fund (IMF), Christine Lagarde, began the G20 summit, reiterating her fears that Increasing trade restrictions are undermining global GDP.

However, Munchin did not show that the United States could land. Asked about Thrump's threats to introduce tariffs on imported Chinese products, Mr Munchin replied: "This is a realistic opportunity, so I would not consider this a minimum."

According to him, China However, he claimed that it would be "a huge opportunity for us and a huge opportunity for China."

"Everyone is lost"

Emerging global trade conflict, as expected, is dominated by the negotiations. In the capital of Argentina. Brazilian Finance Minister Eduardo Guardia said that "global trade can not rely on the strongest survival," said B. Mayor, AFP's news agency. According to him, Europe is worried about being dragged into a global trade war, in which everyone is losing.

"We are all, especially in Europe, worried about this trade war that started a few weeks ago." B.The Mayor. – We urge the United States to return to the spirit, respect the rules of multilateralism and respect its allies. "

Mnuchin wanted to discuss with his colleagues" Cryptovalitus ", to make sure that the G-20 has appropriate rules, source and means of action"